Property Type: Detached HouseOwnership: Freehold

723 8th Street S

Cranbrook, BC V1C1P5

$615,000

5 bed2 bath2 parking2,308 sqftBuilt 1958
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.28 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,588

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Concrete, Hardwood, Carpeted, Ceramic Tile, Mixed Flooring

Exterior & Lot

Exterior features
Stone, Vinyl siding

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
Dining nookBasement10'9'' x 10'9''
Recreation roomBasement14'10'' x 14'9''
BedroomBasement9'11'' x 10'8''
StorageBasement4'7'' x 9'7''
Laundry roomBasement7'0'' x 11'0''
Full bathroomBasement6'0'' x 6'0''
Utility roomBasement8'0'' x 10'9''
BedroomBasement10'10'' x 16'8''
Dining roomMain level7'0'' x 9'0''
KitchenMain level10'4'' x 13'0''
Living roomMain level11'0'' x 23'5''
Full bathroomMain level4'11'' x 8'5''
BedroomMain level10'4'' x 9'4''
BedroomMain level10'4'' x 11'10''
Primary BedroomMain level12'2'' x 11'4''

Listing Information

MLS®
10392028
Listed
June 18, 2026
Time on market
On the market for 74 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Purcell Realty Ltd · Data source: CREA DDF.

Description

Welcome to this beautifully maintained, move-in-ready family home in a fabulous neighborhood, offering space, functionality, and exceptional value. From the moment you arrive, you’ll appreciate the impressive curb appeal, large double lot, large blacktop driveway, and extensive parking for vehicles, RVs, trailers, and recreational toys. Inside, the bright open-concept layout is perfect for family gatherings and entertaining, featuring beautiful hardwood floors, a stunning updated kitchen with stone countertops, quality cabinetry, stainless steel appliances, central air conditioning, and a built-in vacuum system. The home offers 5 bedrooms and 2 bathrooms with heated tile floors in one bathroom. The basement has a pellet stove hook up ready for a future installation. A standout feature is the heated 23x28'10 detached double garage with 200-amp service, ideal for vehicles, a workshop, hobby space, or additional storage. Outside, enjoy the fenced backyard, spacious deck, underground sprinklers, and storage shed. A removable rear gate provides added flexibility for backyard access, extra parking, or storage. This is the perfect property for growing families, hobbyists, or anyone looking for a well-kept home with exceptional parking, storage, and workshop space. (id:63159)

Values & Trends

This listing

$266/sqft

Building average

No other active listings in this building

Cranbrook South average

$344/sqft

36 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Clear

13°C

Mainly Clear

Humidity 69%

Wind SW 9 km/h

Tonight

Tuesday

27°

Tuesday night

13°

Wednesday

22°

Wednesday night

10°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

20,499

(2021 Census)

+2.3% since 2016

Density: 641.2/km²

Dwellings: 9,058

Median household income: $80,000

After-tax: $72,500

Immigrant population: 8.7%

Top countries of origin (% of total population)

  • United Kingdom1.4% · 290
  • United States of America1% · 205
  • Philippines0.9% · 175
  • Germany0.6% · 115
  • Jamaica0.5% · 105
  • South Africa, Republic of0.4% · 90
  • Italy0.4% · 75
  • Ukraine0.3% · 55

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Gordon Terrace ElementaryElementary651 m
St Mary's Catholic Independent(Independent)Elementary800 m
T M Roberts ElementaryElementary828 m
Kootenay Orchards ElementaryElementary1.0 km
Parkland Middle SchoolElementary1.1 km
Laurie Middle SchoolMiddle1.3 km
Mount Baker SecondaryElementary1.4 km
Kootenay Educational ServicesSecondary1.5 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Parks (4)

  • Amy Woodlands169 m
  • Gyro Park438 m
  • Gordon Terrace628 m
  • St Mary's751 m

Nearby places data: © OpenStreetMap contributors.

School district: South East Kootenay (SD5)

Mortgage & Ownership Cost Calculator

Minimum required: 5.9% ($36,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$492,000.00
Periodic payment — Principal & Interest (monthly)$3,174.22
Additional monthly expenses (strata, tax, utilities, etc.)$580.67
Total monthly cost$3,754.88
Interest paid over 5-yr term$141,008.61
Balance at end of term$442,555.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$36,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,448.46

Cash Needed at Closing

Minimum down payment$36,500
Estimated BC PTT$10,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,300

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information